$325,000
$45K PRICE DROP

502 W Loomis St Unit Lot 12, Bk 49 Ludington, MI 49431

Estimated payment $2,120/month

Total Views 31,997
0.16 Acre
$2,031,250 Price per Acre
7,000 Sq Ft Lot

Highlights

  • High Speed Internet
  • Lakeview Elementary School Rated A-
  • 1-minute walk to Ludington State Park

About This Lot

Just Available!! Right across from the City Marina. Previous restaurant site converted to 4 amazing building sites. Each lot is ready for your building plans with spectacular views and exceptional location. All current improvements on property will be removed by seller and lot will be shovel ready!Not expecting these lots to last long on the market.Get one today and seller will transform the property for your project. Note: Showings are only outside the building.

Listing Agent

Bob Budreau

GREENRIDGE Realty Ludington License #6502356674 Listed on: 09/06/2024

Co-Listing Agent

Debbie Bush

CENTURY 21 Bayshore License #6502323651

Property Details

Property Type

  • Land

Lot Details

  • 7,000 Sq Ft Lot
  • Property is zoned Waterft/Marina, Waterft/Marina

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Original Plat To The City Of Ludington Subdivision

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • General Property Info:Lot Dimensions: 50 140
  • General Property Info:Waterfront3: No
  • Tax Info:Annual Property Tax: 999999.0
  • Tax Info:Zoning3: Waterft/Marina
  • Waterfront Options:Water Access YN: No
  • General Property Info:Property Sub-Type2: Lot
  • Util Avail at Street:Broadband: Yes
  • Location Property Info:Subdivision2: Original Plat to the City of Ludington
  • Util Avail at Street Electricity Available: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Water Public Water2: Yes
  • Sewer Public Sewer2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Interior Amenities: Broadband

Exterior Features

  • List Price: 325000.0
  • Lot Features: Buildable
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Storm Sewer, None
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Dimensions: 50 140
  • Lot Size Sq Ft: 7000.0
  • Zoning Description: Waterft/Marina

Tax Info

  • Tax Annual Amount: 999999.0
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $36,212 $647,800 $40,700 $607,100
2024 -- $592,700 $30,300 $562,400
2023 -- $575,500 $24,900 $550,600
2022 -- $554,300 $0 $0
2021 -- $614,400 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2015 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $325,000 -12.1% --
09/06/2024 09/06/24 For Sale $369,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Credit Line Revolving
Previous Owner $0 No Value Available
Previous Owner $219,235 No Value Available
Source: Public Records

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24047051

Southwestern Michigan Association of REALTORS®

APN: 051-105-260-00